Chemicals

Global Aromatherapy Market Size, Forecasts, And Opportunities – Includes Aromatherapy Market Growth

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The global aromatherapy market is expected to grow from $1.63 billion in 2021 to $1.76 billion in 2022 at a compound annual growth rate (CAGR) of 8.15%. The global aromatherapy market size is expected to grow to $2.49 billion in 2026 at a compound annual growth rate (CAGR) of 9.11%.

 

Rising stress, anxiety, and depression among people is driving the growth of the aromatherapy market.

 

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The aromatherapy market consists of sales of aromatherapy equipment and consumables by entities (organizations, sole traders, and partnerships) that refer to devices that utilize essential oils extracted from nature, such as plants, either to be inhaled or applied to the body to promote health and well-being. The aroma molecules in essential oils move straight from the olfactory nerves to the brain when inhaled, affecting the amygdala, the brain’s emotional center. Aromatherapy helps in reducing pain, enhancing sleep quality, reducing joint pain, reducing stress, and others.

 

Global Aromatherapy Market Segments Include:
By Product Type: Consumables, Equipment

By Delivery Outlook: Topical Application, Aerial Diffusion, Direct Inhalation

By Application: Relaxation, Skin and Hair Care, Pain Management, Cold and Cough, Insomnia, Scar Management, Others

By End-Use: Home Use, Spa and Wellness Centers, Hospitals and Clinics, Yoga and Meditation Centers

By Distribution Channel: D2C, B2B

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global aromatherapy market in 2021.

 

Product innovation is a key trend gaining popularity in the aromatherapy market. The companies are focusing on developing innovative equipment and consumables with greater effectiveness to meet customer demand and strengthen their business reach. One of the recent developments in aromatherapy is usage of CBD in aromatherapy and diffusers. CBD oil is similar to essential oils, made from the direct extraction of oil from the cannabis plant. It has the potential to provide an even higher degree of treatment, hence extending the therapeutic advantages of essential oils. Adding CBD to the mix produces a whole new level of medicinal value that can be much more soothing, has more profound stress relief, and can help control symptoms like inflammation and pain.

 

TBRC’s Aromatherapy Market Report Covers:

Major Market Players: doTERRA, Young Living Essential Oils, Edens Garden, Mountain Rose Herbs, Plant Therapy Essential Oils, Rocky Mountain Oils, LLC, Florihana, Falcon, Biolandes, Stadler Form Aktiengesellschaft, Hubmar International, SpaRoom, Now foods, Zija international, and Nu skin.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Aromatherapy Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides aromatherapy market overviews, analyzes and forecasts market size, share, aromatherapy market players, aromatherapy market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s aromatherapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Natural Hair Care Products Global Market Report 2022

Personal Care Ingredients Global Market Report 2022

Sun Care Products Global Market Report 2022

 

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